Wednesday, July 20, 2011

Maybe the Country Deserves It

I keep hearing people calling into talk shows who are just parroting the Republican talking points that I think maybe the country deserves their plan. I hear a lot about taxes, raising taxes. Except we are talking about letting the Bush tax cuts expire on incomes over $250,000. Most of these callers can't imagine what $250,000 looks like but yet go to the mat to defend those individuals. This is just crazy, but it is a large percentage of people. So, let's give them what they want, even lower taxes to create jobs (just don't mention that we have had 10 years of tax cuts which created exactly negative 3 million jobs), more deregulation of business (don't mention that this deregulation led to the economic collapse), and more tax breaks for corporations (don't mention that they are making record profits and doing zero expansion in this country or giving their employees raises). All we need to do is look at the South American countries that have tried essentially the same thing. They all wound up broke with a huge disparity between the haves and have nots with almost no one left in the middle. These economic policies are a big reason why so many of those countries are led by socialist governments today.